The price of electric cars will drop as the cost of batteries falls in the coming years, says Fiat and DS CEO Olivier Francois. The Fiat chief also believes governments could do more with incentives until then to boost the take up of EVs.
Francois, who is also Chief Marketing Officer of the wider Stellantis Group, reckons we’ll see a step change in battery prices as soon as 2027 with some batteries going down in price by as much as €5,000 (£4,185).
